Malaysia first ASEAN country to develop Sport Satellite Account, says Yeoh

Published on 31 May 2024 8:34:56 PM

Youth and Sports Minister Hannah Yeoh launched the Sport Satellite Account, an initiative by the ministry through the Sport Industry secretariat with the cooperation of the Department of Statistics Malaysia (DOSM) at the Youth and Sports Ministry Tower (KBS) in Putrajaya on Friday (May 31), making Malaysia the first Asean country to do so.

She said the account is aimed at preparing an accounting system that utilises 73 Malaysian Standard Industry Codes to provide a more detailed and comprehensive economic picture outside of macroeconomic indicators.